THE IMPACT OF GOOD MANAGEMENT ON PRODUCTIVITY IN MANUFACTURING FIRM IN ANAMBRA STATE(A CASE STUDY OF GENERAL COTTON MILL ONITSHA)

The stock management in many business organization are often neglected and it is not realized that materials represent an equivalent amount of cash materials pilferage deterioration of materials and careless handling of stock loads to reduced profit or even losses so it is essential that to obtain the maximum advantage of cost accounting system and efficient and well equipped stocks management is required. Inefficient stock manage leads to excess supply of stock which result in high storage costs excessive capital being locked up storage of valuable space losses and absolve whole a short supply results in reduced output and possible in danic buying. Sales and purchase are the basic trading activities that give rise to profit and productivity. Stock movement is an indication of the level of business activity in a firm. This is because stock reflects the sale and purchase activities of the firm. Therefore stock are connected not only production but ultimately with productivity over sixty percent of firm cost production or capital is represented by the stock (materials) pilferage, deterioration of materials and careless hard of stock lead to reduced profit or even losses.